Scotch whisky exports at record high despite ‘stark’ impact of US tariffs

&Tab;&Tab;<div class&equals;"wpcnt">&NewLine;&Tab;&Tab;&Tab;<div class&equals;"wpa">&NewLine;&Tab;&Tab;&Tab;&Tab;<span class&equals;"wpa-about">Advertisements<&sol;span>&NewLine;&Tab;&Tab;&Tab;&Tab;<div class&equals;"u top&lowbar;amp">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;<amp-ad width&equals;"300" height&equals;"265"&NewLine;&Tab;&Tab; type&equals;"pubmine"&NewLine;&Tab;&Tab; data-siteid&equals;"111265417"&NewLine;&Tab;&Tab; data-section&equals;"2">&NewLine;&Tab;&Tab;<&sol;amp-ad>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;<&sol;div><p>Scotch whisky exports are worth more than ever&comma; new figures reveal&comma; despite US tariffs &OpenCurlyDoubleQuote;hitting producers hard”&period;<&sol;p>&NewLine;<p>The value of whisky exported from Scotland grew by 4&period;4&percnt; to £4&period;91 billion last year&comma; a £208 million increase on the previous high in 2018&period;<&sol;p>&NewLine;<p><&excl;--Ads1--><&sol;p>&NewLine;<p>But export figures show whisky sold to the US has fallen by a quarter since Donald Trump’s Government introduced tariffs of 25&percnt; on the spirit in retaliation for EU subsidies to Airbus&period;<&sol;p>&NewLine;<p>The figures&comma; compiled by the Scotch Whisky Association from HMRC data&comma; suggest growth was driven by value increases of 9&period;8&percnt; and 11&period;3&percnt; in Asia and Africa respectively&period;<&sol;p>&NewLine;<p>Exports to the US grew in value by 2&period;8&percnt; during the whole of 2019 but figures for the last three months of the year – when the president imposed the tariffs – show a 25&percnt; drop&period;<&sol;p>&NewLine;<p>While the US remained the Scotch whisky industry’s most valuable market&comma; export volume fell by 7&percnt; to 127 million 70cl bottles&period;<&sol;p>&NewLine;<blockquote class&equals;"twitter-tweet" data-width&equals;"550" data-dnt&equals;"true">&NewLine;<p lang&equals;"en" dir&equals;"ltr">2019 <a href&equals;"https&colon;&sol;&sol;twitter&period;com&sol;hashtag&sol;ScotchWhisky&quest;src&equals;hash&amp&semi;ref&lowbar;src&equals;twsrc&percnt;5Etfw">&num;ScotchWhisky<&sol;a> exports were valued at £4&period;91bn<&sol;p>&NewLine;<p>🥃Export value ⬆️4&period;4&percnt; on 2018<br &sol;>🇪🇺 EU remains largest regional market&colon; 30&percnt; of 🌍 exports<br &sol;>🚢42 bottles shipped every second<&sol;p>&NewLine;<p>But US tariffs mean the outlook is uncertain &lpar;exports🔻25&percnt; in last 1&sol;4 of 2019&rpar;<&sol;p>&NewLine;<p>📣 <a href&equals;"https&colon;&sol;&sol;t&period;co&sol;0Y2xi1IxEN">https&colon;&sol;&sol;t&period;co&sol;0Y2xi1IxEN<&sol;a><&sol;p>&NewLine;<p>&mdash&semi; Scotch Whisky Association &lpar;&commat;ScotchWhiskySWA&rpar; <a href&equals;"https&colon;&sol;&sol;twitter&period;com&sol;ScotchWhiskySWA&sol;status&sol;1227248415643459587&quest;ref&lowbar;src&equals;twsrc&percnt;5Etfw">February 11&comma; 2020<&sol;a><&sol;p><&sol;blockquote>&NewLine;<p><script async src&equals;"https&colon;&sol;&sol;platform&period;twitter&period;com&sol;widgets&period;js" charset&equals;"utf-8"><&sol;script><&sol;p>&NewLine;<p>Scotch Whisky Association chief executive Karen Betts said the continuing tariffs and uncertainty about future changes were &OpenCurlyDoubleQuote;very concerning” and the falling value of exports once they were introduced in October was &OpenCurlyDoubleQuote;stark”&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;The tariffs are hitting producers hard&comma; particularly small distillers&comma;” Ms Betts said&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Some are now asking themselves how they can continue exporting to the US&comma; whether they can build up alternative markets&comma; which is not something that can be done quickly&comma; and if not how their businesses will cope&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;We are continuing to press the UK Government to put in place a package of support for distillers to help mitigate the impact of tariffs&comma; including a cut in excise duty in next month’s budget which would allow distillers to re-invest in the UK market while sales are under pressure in the US&period;”<&sol;p>&NewLine;<p>Accounting for more than 20&percnt; of all UK food and drink exports&comma; Scotch whisky is sold in an estimated 180 global markets&comma; with the latest figures suggesting the value of the products has grown in approximately 106 of them&period;<&sol;p>&NewLine;<p><&excl;--Ads2--><&sol;p>&NewLine;<p>Prime Minister Boris Johnson previously claimed &OpenCurlyDoubleQuote;cynical” tariffs on whisky would &OpenCurlyDoubleQuote;vanish” if the UK left the EU&period;<&sol;p>&NewLine;<p>Speaking on a visit to a distillery near Elgin&comma; Moray&comma; in November&comma; Mr Johnson said he &OpenCurlyDoubleQuote;interceded” with Donald Trump to get the tariffs dropped&period;<&sol;p>&NewLine;<p>He said&colon; &OpenCurlyDoubleQuote;You know why this happened&comma; why they put a tariff on Scotch whisky&quest;<&sol;p>&NewLine;<p><&excl;--Ads3--><&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;It’s because the EU Commission decided to put a tariff on bourbon so the Americans automatically retaliated by hitting whisky&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Once we come out of the EU&comma; once we get Brexit done&comma; those tariffs will no longer apply to this country&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;But we’re hoping to get rid of them even sooner than that&comma; and I’ve certainly asked the president to lift them&period;”<&sol;p>&NewLine;<p>Scotland’s Rural Economy Secretary Fergus Ewing said&colon; &OpenCurlyDoubleQuote;It is exciting to see the Scotch Whisky industry evolving and continuing to go from strength-to-strength&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;It is particularly pleasing to see growth in new and emerging markets such as Asia and Africa&comma; where exports of whisky have boomed in recent years&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;The success of whisky exports is cause for celebration and is due&comma; in part&comma; to industry and Scottish Government working together to create a national brand with a global reputation&period;”<&sol;p>&NewLine;<p><&excl;--Ads4--><&sol;p>&NewLine;<p>He added&colon; &OpenCurlyDoubleQuote;The Scotch whisky industry is a major employer in Scotland and we will continue to do everything we can to protect it&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;This includes keeping pressure on the US Government and UK ministers to end the damaging increase in tariffs on exports&period;”<&sol;p>&NewLine;<p><&excl;--Ads5--><&sol;p>&NewLine;&Tab;&Tab;&Tab;<div style&equals;"padding-bottom&colon;15px&semi;" class&equals;"wordads-tag" data-slot-type&equals;"belowpost">&NewLine;&Tab;&Tab;&Tab;&Tab;<div id&equals;"atatags-dynamic-belowpost-68ed37b95de0d">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;<script type&equals;"text&sol;javascript">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;getAdSnippetCallback &equals; 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